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NJEDA Evergreen Fund Tax Credit Webinar 2022
August 18 @ 10:00 am - 11:00 am
An Inside Look at the New Jersey Innovation
Evergreen Fund Tax Credit Auction
|Thursday, August 18, 2022 | 10:00 a.m.-11:00 a.m. | Virtual
|If you seek to partner with BioNJ as part of your
strategic commitment, you will increase your score.
This includes Sponsorship of BioNJ events, such as the C-Suite Summit, HR Conference, Manufacturing Briefing and more! Contact Randi Bromberg at RBromberg@BioNJ.org for details.
The New Jersey Innovation Evergreen Fund (NJIEF) corporate tax credit auction opened on Monday, August 1, 2022. The auction is an unprecedented opportunity for established corporate citizens in New Jersey to access a discount of up to 25% on their corporate business tax liability in the State and promote their strategic engagement and innovation objectives. Auction bids will be evaluated according to price and strategic commitment.
The funds raised from the auction will later be matched by professional venture capital firms and invested into high-growth, early-stage start-up businesses across the Garden State. This novel platform is built to align important constituents operating in the State to create the conditions necessary to drive New Jersey towards the goal to become the most diverse, innovative ecosystem in the nation.
Join us on Thursday, August 18, for a FREE webinar and learn how you can take advantage of the New Jersey Innovation Evergreen Fund. You’ll leave with everything you need to know to take advantage of this game-changing opportunity to build New Jersey’s innovation economy!
Led by our colleagues at the New Jersey Economic Development Authority, this session, which is geared toward potential tax credit purchasers and professional service providers, will highlight the structure of the program, the benefits to corporations, the process to apply and post-approval compliance requirements. Click here to register.
For more information on the program, visit NJEDA’s website at www.njeda.com/evergreen.